Financial Aid Director - Higher Ed. jobs in Salem, MA

The Opportunity

The Financial Aid Director is a key partner to the future, current and alumni students, enrollment teams and the campus community.

Hult International Business School strives to be the most relevant business school in the world. In order to get there, we adapt to the changing requirements and student demands of Higher Education. We believe in being solution oriented and applying a growth mindset.

This results in a challenging position for the Financial Aid Director. We are not a traditional business school. If you find this interesting and you meet below qualifications, we would love to hear from you.

We are currently in the process of implementing Regent as Financial Aid software to which you will play an instrumental role. We also want to make our online programs Aid eligible in the future. You will need to embrace change and have strong collaboration skills in order to be successful in this role.

The position is based at Hult International Business School’s campus in Cambridge, MA.

Job Responsibilities

• Managing team of 1-2 coworkers
• Coordinating the awarding and administration of federal financial aid programs in accordance with established federal, state and institutional regulations, for the roughly 200 Title IV eligible Hult students.
• Leading all communication related to financial aid with university officials, as needed
• Providing customer service and counseling to students, parents, and the campus community in person, on the phone, and via email regarding all aspects of the financial aid process
• Performing all aspects of the awarding process, including federal verification, conflict resolution, loan processing, appeal review, award recalculations, satisfactory academic progress calculations, and C-code and ISIR reject resolution
• Managing private loan process, including certification, award eligibility determination and reconciliation
• Maintaining current knowledge of applicable state, federal, and local laws/regulations; researching new trends and advances in the profession; reading professional literature; attending meetings, workshops, and training sessions
• Participate with Central Team to complete required reporting, including IPEDS, regulatory and accreditation boards
• Performing Refund to Title IV (R2T4) calculations for official and unofficial withdrawals
• Acting as a liaison between the Financial Aid Office and the enrollment team
• Managing Veteran’s Affairs funding
• Identifying areas of weakness and initiating corrective action, including developing new processes, policies and procedures
• Interpreting legislative and regulatory changes to keep financial aid policies, processes and procedures up-to-date.
• Performing the NSLDS enrollment updating process
• Leading, developing and participating in events including, but not limited to, financial literacy sessions, loan exit counseling, graduation and orientation and recruitment events.
• Providing support to finance department staff for accounts receivable management.
• Managing annual Title IV audit process
• Other duties as assigned

Professional Qualifications:

• Minimum 2 years of financial aid awarding experience required
• Thorough understanding of federal financial aid and cash management regulations
• Ability to independently manage multiple priorities and responsibilities in a fast paced, high-pressure environment, while maintaining composure and discretion
• Ability to work effectively in a culturally diverse environment independently
• Ability to communicate effectively, both orally and in writing
• Strong interpersonal skills, including the capacity to work cooperatively with a wide range of individuals
• Reliability, Confidentially and Integrity

• Please note that you must have the right to work in United States to be considered for this position.

About us

Hult is a new kind of non-profit business school that constantly innovates to meet the needs of students, employers, and society in a world that is changing faster than ever before. More than a business school, Hult is a dynamic and multicultural community that educates, inspires, and connects some of the most forward-thinking business talent from around the world.

What we do

Hult International Business School is a non-profit educational pioneer and the first triple accredited US business school. Ranked by the Financial Times, Economist, Forbes, and Bloomberg Businessweek, Hult offers undergraduate, graduate, and executive education programs across its global campuses in Boston, San Francisco, London, Dubai, Shanghai, and New York. The school’s philosophy is that business skills can only truly be learned by doing. By immersing students from all over the world in practical, hands-on experiences from day one, this fresh approach to education is creating a global community of confident, entrepreneurially minded graduates, ready to tackle the challenges of tomorrow.

Solving problems and overcoming challenges is what our students do: all year, every year. We bring together creative, open-minded people from all over the world to find solutions to the world’s most pressing issues by doing business, not just studying it. So they graduate with the skills and the mindset to be ready for anything.

And now we’re looking for talented workforce that think the same way.

We seek to promote an environment for our students, faculty, and staff that welcomes people from all backgrounds, ethnicities, races, religions, genders, sexual identities, abilities, and personal circumstances in a spirit of inclusivity and belonging. At Hult, we believe that it’s through our diversity that we find our strength.

Mission statement

We exist to create a better future for all by inspiring and challenging our community to make an impact that matters.

Equal opportunities at Hult

Hult is dedicated to actively creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We are committed to providing opportunity regardless of gender, religion, race, color, sexual identity, disability, ethnicity, age, and all the individual identities that make us unique. If you require any accommodation to assist you in the interview process, please submit this with your inquiry.

Hult offers competitive salaries and benefits in a global, empathetic, and highly multicultural working environment. If you are motivated by the prospect of an international career with a dynamic and forward-thinking school, we’d love to hear from you.

Legal

Hult International Business School is a 501©(3) non-profit educational organization registered in the Commonwealth of Massachusetts, accredited by the New England Association of Schools and Colleges (NEASC) to award U.S. degrees. Students are awarded a joint U.S. and U.K. degree on successful completion of the program. The U.K. degree is awarded by the Ashridge (Bonar Law Memorial) Trust, known as Ashridge, with which Hult has a strategic alliance.